Mining Automatic: A $22 million Ponzi scheme dismantled by the SEC
The SEC reveals that Mining Automatic scammed 380 investors with promises of 3% guaranteed monthly returns.
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The SEC reveals that Mining Automatic scammed 380 investors with promises of 3% guaranteed m…
7 million
Out of the $22 million raised, $7 million was wasted on advertising
The fact
Out of the $22 million raised, $7 million was wasted on advertising.
The case highlights the risks of unregulated crypto investments.
2 sources — click a link to read an article on the topic:
Why it matters
Cette affaire met en lumière les dangers des schémas frauduleux dans l'écosystème crypto, souvent ciblés par les régulateurs pour protéger les investisseurs.